Can I prepay rent in advance in a Lease? Yes, you can prepay rent. A Legal Consolidated Commercial Lease is specifically engineered with the express power to do so. Our law firm’s Commercial Lease allows a tenant to pay rent in advance. This special feature is...
A son works on a farm for three decades. His father makes him a promise. You get the farm. But the father’s Will gives the land to his other children. The son sues the estate. The court upholds the Will. The son loses the farm he worked his whole life to build....
You must decide how to distribute your Family Trust’s income before 30 June each year. Documenting this decision after the fact is not just poor practice. It is a crime. The Australian Taxation Office (ATO) now actively looks for backdated documents. It has the...
A Legal Consolidated 3-Generation Testamentary Trust Will is full of choices. The Will maker does not know what the beneficiaries, assets, tax laws or family circumstances are on the day they die. A spouse who is financially secure today may face different risks...
Navigating the New Superannuation Landscape: Reversionary v Non-Reversionary Pensions If it becomes law, the introduction of the Division 296 tax regime will target some individuals with superannuation balances over $3 million. This so-called Better targeted...